Merry Christmas!

December 21, 2012
BJ Bounds

BJ Bounds

Christmas is almost here and I didn’t want to leave for the holidays without wishing all of you the best during this holiday season.

Calyx will be closed for Christmas on December 24th and 25th.   We’ll be open for business as usual on Wednesday December 26th.

We’ll also be closed December 31st and January 1st to celebrate the New Year.

Be safe and enjoy!

 


Point and PointCentral 8.0 have arrived!

October 11, 2012

BJ Bounds

Point® & PointCentral® are now available for immediate download via MyCalyx.com®.

With 8.0, you get all the connectivity you need for the upcoming Calyx Mobile Apps.  You also get an extremely convenient and customizable Loan Pipeline View screen that shows you all your loans in one place.  View and manage your loans from one screen grouped the way that works best for you!

If you use WebCaster®, you’ll love the latest feature in 8.0 that checks for new loan applications submitted through your website and automatically drops them into a data folder you designate!  You also get 11 new options with our Advanced Search feature to help you find the loans you need—when you need them.

And 8.0 also includes updates to several forms you need for compliance.

  • New Texas Mortgage Loan Disclosure
  • New Flood Determination Disclosure
  • Credit Information Disclosure
  • ARM Disclosure
  • MLDS Form 882
  • Fees Worksheet Summary
  • FHA Home Inspection (HUD-92564-CN)
  • FHA Consumer Choice Notice Disclosure
  • Fees Worksheet
  • USDA Fee
  • NMLS Call Report

Get 8.0 today and be ready for mobile apps in the next few weeks!  Call 800-362-2599 to make sure your account is current and primed for 8.0.

MyCalyx admins for Point accounts are encouraged to push 8.0 to all users at once so that files in shared data folders will be visible to all in the pipeline view.

MyCalyx admins for PointCentral accounts must update the PointCentral server first and then push the new version of Point to every user.

Additional details can be found in the 8.0 Release Notes.


The Key to Success Starts with WebCaster Technology

August 21, 2012

Jessica Thompson

Technology has changed just about every aspect of business and culture. The mortgage industry has not escaped technology’s grip. Yet as we stand on the precipice of a new decade, and new possibilities, slowly working our way out of one of the worst economic situations in memory, technology will play a substantial part in what’s to come in the future.

The entire application process and the method by which people seek out a mortgage has become streamlined. Mortgage lender operations have also become automated through technology and the Internet. What does this mean for you?

If you do not have a website you may be losing business. Losing your Website store with Myer’s or eMagic? Don’t worry; WebCaster® holds the key to a successful website solution giving you a way to market your business 24/7 while streamlining the loan application process, allowing you to increase the number of closed loans.

Already have a website? Utilizing WebCaster holds the key to a plug-in solution that will create a seamless integration with Point® and PointCentral®. This unique plug-in solution allows you to start accepting online applications immediately without interruption to your existing site.

Click here or contact us at 800.362.2599 to get your key to technology today!


Help with Point: What’s printing on your TIL?

August 8, 2012

BJ Bounds

If your borrower is waiving escrow, estimated taxes and insurance payments do not need to appear on the Truth-in-Lending form.

However, Point 7.6 prints those two amounts on the TIL every time.  If your borrower has waived escrow, there is a simple work-around to keep taxes and insurance from printing on the TIL in those situations.

All you need to do is remove them from page 2 and enter them on the Fees Worksheet instead.

If you want step-by-step instructions with screen shots, please visit our Knowledge Base article #755.

 


Want to be more productive?

July 30, 2012

Jessica Thompson

You’re probably already familiar with the benefits of using Point® and PointCentral®.  What you may not realize is that WebCaster® in conjunction with Point and PointCentral can provide you with a streamlined process for loan applications and loan status reports with eDisclosure and Document Tracking. WebCaster also lets you be anywhere, at anytime and still provide outstanding service to your clients 24/7, so you can be more productive throughout your day.

Register for our new 60-minute live webinar, “Calyx WebCaster Overview” to learn more about the benefits WebCaster can provide you! The webinar will cover a wide range of topics that include:

  • WebCaster Admin
  • Online 100
  • eDisclosure
  • Seamless Integration with Point
  • Document Tracking
  • Document Exchange
  • and other valuable features

See what WebCaster can do for you by promoting your business through a professional website or a plug-in solution. Choose from 70 website template styles or plug the functionality into your existing corporate website. Respond to customers quicker and increase the efficiency of your operation.

To register for the new webinar “Calyx WebCaster Overview” click here.


WebCaster Updates Are Here!

May 11, 2012

Jessica Thompson

Calyx® is proud to announce that WebCaster®, its online website solution, has been updated. New enhancements include eDisclosure, which gives you the ability to send documents from the document management site to borrowers allowing for document download and signatures, all from a secure web site receiving room for easy, anytime access. The latest version also includes document request and collection, allowing you to send any document for instant communication with the borrower for secure delivery and receipt. Additionally, WebCaster now features loan application ownership, speed bumps, calculator improvements and the ability to use Google analytics.

For more information on the updates click here.

Not currently using WebCaster? You could be missing the key to a successful website that will increase your business, by allowing you to start accepting online applications, thus increasing the number of closed loans by building your loan pipeline.

Already have a website? Utilizing WebCaster holds the key to a plug-in solution that will create a seamless integration with Point® and PointCentral®. This unique plug-in solution allows you to start accepting online applications immediately without interruption to your existing site.

Click here or contact us at 800.362.2599 to get your key to more closed loans.


What borrowers should ponder before they finance

April 20, 2012

Jessica Thompson

Since 2010, many private MI companies have worked to open up markets and normalize their underwriting criteria. Some altered pricing, based on borrower credit scores.

The FHA made changes, too, namely to its rates. New rates effective April 9 reflect the third increase since 2010:

  • Monthly rates increase another .10% to 1.20% for LTVs up to 95% and 1.25 for LTVs greater than 95%
  • The FHA upfront premium increases from 1.0% to 1.75%

What does this change mean for your borrowers? 

It raises the question, “Which is better: FHA or conventional financing with private monthly MI?” The answer is, it depends…

If your borrowers have a lower credit score, an FHA loan may be their best option. FHA can be more flexible on certain guidelines, like debt-to-income. However, borrowers with higher credit scores may want to consider the less expensive, money-saving alternatives that private MI offers.

One last consideration

Before making a final financing decision, borrowers should ask themselves whether it’s important to be able to cancel coverage — and reduce their  monthly payment — as soon as possible. Most investors’ cancellation rules are more flexible than FHA’s. For example, most homebuyers with private MI are able to get a new appraisal to determine whether they qualify for cancellation, allowing them to take advantage of any home improvements or appreciation. FHA does not accept new appraisals. The sooner they can cancel MI, the more money they will save over the life of the loan.

What to take away from all of this…

Just remember this: FHA financing and conventional financing with private MI are both viable options.

MGIC provides a calculator to compare MGIC’s monthly MI with FHA.

Also, the great news is that you can now order MGIC MI from within Point.  This integration shows MGIC’s commitment to providing customers with quality, seamless access to MGIC’s MI programs.  Watch how it works.


Are we there yet?

April 11, 2012

BJ Bounds

Calyx, the mortgage industry and Dennis Boggs have been interestingly intertwined to create a great cover story for Progress in Lending’s “Tomorrow’s Mortgage Executive.”

 Read what our EVP of Business Development says about the past and what he sees as the future of mortgage industry.


Great Service – Online and Offline

February 22, 2012

Jessica Thompson

Home ownership, for some it is the investment of a lifetime, however without proper knowledge of the industry it can be a confusing, frustrating and down right scary time. Many customers need mortgage experts and financial professionals that leave them feeling confident about mortgage options – eager and unafraid to begin their dream of home ownership.

Taking your mortgage business online allows for both customers and your business to have smoother application process. However, while online applications and technology are the wave of the future, it’s also important to make sure your customers are receiving the best customer service and relationship experience possible. Calyx® WebCaster® allows for a great customer service experience for those customers weary about filling out their first applications alone and for customers who want a loan center 24/7.

WebCaster secure online loan center provides a seamless integration with Point® and PointCentral® so you can make sure your customers are receiving the best customer service and relationship experience possible. WebCaster also includes real-time loan status reports, pre-qualification for visitors to your site with a single form, loan calculators that calculate optimal down payment and interest rate all while offering you a flexible and expandable website that is easily customizable and user friendly.

Don’t leave your customers trapped in technology in one of the most important purchase of their life. Instead, help them with great customer service online, with WebCaster, and offline. Request a demonstration and see what WebCaster can do for you by clicking here.


September Calyx Network Update

September 2, 2011

Jessica Thompson

The September Interface Update took place yesterday, September 1.  As a result, you’ll see a change to interfaces within your Point® software.

Robertson & Anschutz (R&A) currently prepares first and second lien residential closing documents for lenders on a nationwide basis. In addition, the firm documents a wide variety of construction products as well as commercial transactions. The firm has a dedicated staff to maintain and warrant its forms to meet state and federal regulatory requirements as well as investor-specific program requirements. R&A maintains a comprehensive law and forms library. R&A was the first to introduce the mortgage lending industry to closing documents delivered via the Internet. Now, R&A’s documents are posted to a secure website with convenient notification email. This service is offered to all clients and their settlement agents at no cost. R&A maintains a technical support staff to assist clients in efficient delivery to multiple branches or broker sites

Robertson & Anschutz can be found at Services > Closing Documents/Initial Disclosures > Robertson Anschutz – Docs on Demand

Remember, every month we add new service providers to our software. This enables you to have the tools you need to succeed right at your fingertips. Be on the lookout for our monthly blog about new Interfaces in Point!


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